Innovating Big Tech firms and competition policy: favoring dynamic over static competition

• Published in: Industrial and corporate change Vol. 30; no. 5; pp. 1168 - 1198
• Main Authors: Petit, Nicolas, Teece, David J
• Format: Journal Article
• Language: English
• Published: UK Oxford University Press 01.10.2021

Abstract This paper gives a fresh account of competition in the digital economy. Economic analysis in the field of industrial organization remains largely focused on a sophisticated version of the Schumpeter–Arrow debate, which is unresolved and largely irrelevant. We posit the need to look at compe...